The AI trade may have a problem that Nvidia can’t solve.

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Electricity. I went down a rabbit hole looking for the “TSM of near-term electricity for data centers.” There probably isn’t one. And that’s actually the interesting part. TSM became the obvious toll booth for AI because advanced chips have to pass through a relatively concentrated manufacturing bottleneck. Electricity is different. The bottleneck is scattered across … Read more

On Sh*t… Another Private Credit Fund Just Blew Up

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Most people believe the private-credit mess has gone away – because that’s what you’re led to believe. It has been roughly a year since Tricolor and First Brands became the warning signs—the first cockroaches suggesting something much larger might be hiding inside the walls of private lending. And because there hasn’t been a dramatic collapse … Read more

Missouri Supreme Court throws out new election map.

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The court said a referendum seeking to put the map up for a vote must be placed on the ballot, meaning the state’s elections this fall will take place under its old congressional lines. The Missouri Supreme Court ruled Thursday that the state’s redrawn congressional map cannot be used in this year’s midterm elections, dealing … Read more

10 reasons I’m buying BJ’s Wholesale Club

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I’m buying BJ because I think the setup is getting unusually interesting. Not because it’s the next AI stock. Actually, partly because it isn’t. 1. Risk-off money needs somewhere to go If the market starts selling high-beta growth and crowded tech positions, investors don’t necessarily leave stocks altogether. Some money moves toward businesses with predictable … Read more

There are almost as many homes for sale as before the pandemic and they’re still insanely expensive. Home Depot CFO triggers alarm (biggest crisis in 30 years)

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Don’t look now, but U.S. Housing Inventory is now almost back to pre-pandemic levels. Aug 2019 supply: 1.24 million listings Aug 2026 supply: 1.14 million listings Meaning the U.S. is now within 8% of its pre-pandemic supply. Current supply levels are also 17% above the August average since 2017. And it’s possible by next year, … Read more

Frankie MacDonald on AI, Robots, bots

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Too many Bot Accounts and AI Videos are Kicking up to an high Gear on Every single social media all over the world and they are building a lot of AI Data Centers all over North America South America Europe Asia Africa Oceania and Antarctica and too many scam emails pretending to be major companies … Read more

Private companies set to strike new deals to expand Venezuelan oil production

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Key takeaways Oil Expansion Plans: Chevron and Eni to invest billions, aiming to more than double Venezuela’s oil output within five years; Chevron targets 600,000 barrels/day, Eni to develop a field with ~35 billion barrels. Strategic Agreements: U.S. gains majority control of 65+ billion barrels, with Pentagon and State Department securing stakes and purchase rights; … Read more

Pegasus dumped Moscow flights after Zelensky sky warning

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Zelensky Tuesday. Russian airspace becoming unsafe. Drones you have to count. Sybiha to ICAO. Avoid it. Pegasus. Six in six out at Vnukovo. Midair turns on Bodrum Izmir Antalya. Turkish Airlines. Two plus two. Not a full freeze. 27 foreign cancels Wednesday. Sheremetyevo and Vnukovo delay piles. Carpet plan already on from drone nights. Not … Read more

Two civilians are dead and two Minneapolis cops were shot in a downtown apartment building

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2/From the scene of the ACTIVE SHOOTER in downtown Minneapolis. Multiple injured parties as of 16:50. pic.twitter.com/A4wqkD87bA — CrimeWatchMpls (@CrimeWatchMpls) September 2, 2026 The first reports made this sound like another active shooter situation. Now we know it’s worse. Two civilians are dead. The suspected shooter is dead. Three Minneapolis officers were injured, including two … Read more